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121. Is Poland upset with Ukraine?

The eastern flank of the European Union — particularly Poland — continues to play a crucial role in helping Ukraine fight against Russia’s invasion. A recent diplomatic squabble over grain imports, compounded by historical issues, puts the once-stable footing at risk....

122. Russian warning sparks Black Sea grain export tensions

Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....

123. Concerns over food crisis and rising prices

The head of the Competition Division of the Consumer Protection Agency at the Ministry of Commerce, Aliki Iordanou, stated that there has been no increase in product prices despite the zero VAT rate....

124. Global economy faces $590 trillion storm

A $590 trillion storm threatens the global economy as rising interest rates make more corporate debts problematic. ...

125. Philippos Soseilos: Significant investment opportunities in Cyprus

126. Over one-third of Turkish fruit and vegetable imports to EU violate safety standards

According to the Association of Greek Fruit, Vegetable, and Juice Exporters and Traders (INCOFRUIT-HELLAS), over one-third (35.3%) of fruit and vegetable shipments imported from Turkey to the European Union (EU) were found to contain excessive pesticide levels, as reported by the Rapid Alert System for Food and Feed (RASFF)....

127. Double the number of tourist transfers to the occupied territories

The arrival of 11 tourists in Cyprus, through the country's legal airports, and then a number of them arriving in the occupied areas, is not a daily phenomenon....

128. Union protests erupt at City of Dreams Mediterranean

Europe's first integrated resort aims to enhance the country's tourism offerings and establish itself as a major hub for business and conference tourism, as reported by Philenews....

129. Europe's first multi-themed resort opens in Limassol

The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....

130. Eurobank's vision: Controlling Hellenic Bank and conquering new markets

According to Bloomberg, Eurobank's deputy chief executive, managing director, and head of international operations, Stavros Ioannou, expressed the bank's desire to eventually gain full control of Hellenic Bank in Cyprus....

131. EU Commission proposes digital euro as cash alternative

Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially, electronic cash. ...

132. Gasoline and diesel prices expected to drop

Reductions of up to 3 cents are expected to be observed in the retail prices of unleaded gasoline (95 octanes) and diesel fuel in the coming days, according to the Director of Consumer Protection Service at the Ministry of Energy, Commerce, and Industry, Konstantinos Karagiorgis, as reported by the Cyprus News Agency (CNA)....

133. Cyprus’ neighbor to add another lane for gas export

Partners in the Israeli offshore gas project Leviathan said on Sunday they would invest $568 million to build a third pipeline that will allow increased natural gas production and exports...

134. Nicosia encourages green transportation with new policy

Effective Saturday, July 1, the Nicosia Municipal Council will implement new parking fees in municipal parking areas, following a decision made on April 20, 2023. ...

135. Drug-related deaths surge in Vienna

A new UN report said the number of people suffering from drug use disorders had skyrocketed in the last 10 years....

136. Halloumi takes a bite of the Big Apple

Cyprus is making its mark in the international food market as it participates in the "Fancy Food Show" in New York. The country's halloumi cheese companies are taking center stage by sponsoring two European programs, "EU Delicious" and "Cheese U," with the goal of promoting Cypriot cheese globally....

137. Cyprus changes tack with plan for gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters...

138. ECB raises interest rate to 3.20% in ongoing tightening campaign

The European Central Bank (ECB) has announced its decision to raise the interest rate to 3.20%, marking another step in its ongoing monetary policy tightening campaign. ...

139. EU demands Google breakup over antitrust concerns

European Union regulators hit Google with fresh antitrust charges Wednesday, saying the only way to satisfy competition concerns about its lucrative digital ad business is by selling off parts of the tech giant’s main moneymaker....

140. Anticipating the arrival of natural gas in Cyprus

After attending a workshop on energy issues in Nicosia and engaging in meetings with stakeholders in the UK, George Papanastasiou, the Minister of Energy, Trade, and Industry, is now embarking on a two-day working visit to Israel. ...

141. Pentecost weekend to boost tourism in Protaras

Last-minute reservations are typical for the Pentecost long weekend, as described by tourism professionals....

142. One step for East Med gas but no giant leap

An Israeli gas company with Greek interests wants to lay a subsea pipeline from Aphrodite natural gas field to a facility in Egypt, a proposal potentially seeking to reduce time and cost but also bypassing the issue of Turkey...

143. Minister calls for duty-free halloumi exports to Australia

Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine. Subtitle: ...

144. Why are food prices so high in Europe?

It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....

145. Cyprus tourism soars despite Russian sanctions

Tourism in Cyprus appears to be recovering from the repercussions of sanctions on Russia, following the invasion of Ukraine, recording an increase of 8% compared to 2019 which was a very good season for the island, according to figures discussed on Tuesday during a parliamentary committee on tourism in the presence of Deputy Minister of Tourism Kostas Koumis....

146. Cyprus resolute on natural gas plans despite geopolitical reactions

Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....

147. Netflix cracks down on password sharing

Netflix Inc. on Tuesday expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their accounts cannot be shared for free outside of their households....

148. Terkenlis confectionery chain shuts down in Cyprus

After operating in Cyprus for four years, the Terkenlis confectionery chain has made the decision to close its doors. Over the past two weeks, the company has ceased operations and deactivated its social media presence....

149. In search of an energy strategy

After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...

150. Energean unveils ambitious plans for Israeli gas exploitation

Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....